Oil, Gas Installations Fall to Record Low in July
The number of operating oil and gas rigs in July fell to a record low on a global level, as...
Economy
Some 20% of Russian Restaurants Closed Business amid Pandemic
About 20% of Russian catering establishments were forced to close by the beginning of the third stage of lifting all...
MSC’s New Service Links Russia with China and South Korea
MSC Mediterranean Shipping Company (MSC) has introduced Golden Horn to connect China and South Korea with the east coast of...
Russia and China Increase Use of Euro
Russia and China are building a “financial alliance” and look set to “ditch” the dollar, according to a report on...
Russian Banking Group TCS Warns Full-Year Profit to Fall Despite Solid Second Quarter
Russian bank TCS Group Holding reported on Thursday a 25% rise in second-quarter net profit, but said it expects full-year...
Russia’s VTB Bank Raises Retail Lending Forecast Amid Record Low Rates
Russia’s second largest lender VTB Bank revised up its retail lending growth forecast for 2020 to around 6% from a...